An anonymous director reports

TD ASSET MANAGEMENT INC. ANNOUNCES FINAL ANNUAL REINVESTED DISTRIBUTIONS FOR TD ETFS

Toronto-Dominion Bank's TD Asset Management Inc. has declared the final annual 2023 reinvested distributions for certain TD exchange-traded funds (ETFs) listed in an attached table. These annual reinvested distributions generally represent realized capital gains within the TD ETFs. Cash distributions for December, 2023, will be distributed and reported separately.

Unitholders of record on Dec. 29, 2023, will receive a notional distribution at year-end representing realized capital gains within the TD ETFs for the 2023 tax year. A notional distribution is when the units from a reinvested distribution are immediately consolidated with the units held prior to the distribution and the number of units held after the distribution is identical to the number of units held before the distribution.

The actual taxable amounts of reinvested and cash distributions for 2023, including the tax characteristics of the distributions, will be reported to brokers via CDS Clearing and Depository Services within the first 60 days of 2024.

Details of the per-unit reinvested distribution amounts are provided in an attached table.